Tata AutoComp Systems names Manoj Kolhatkar as Managing Director & CEO

Tata AutoComp Systems Limited (TACO), a leading automotive components company serving Indian and global OEMs, has appointed Manoj Kolhatkar as its new Managing Director & CEO. This announcement comes amid a broader focus on innovation and global expansion, as evidenced by recent developments in the Tata ecosystem.   Arvind Goel, Chairman of Tata AutoComp Systems… Continue reading Tata AutoComp Systems names Manoj Kolhatkar as Managing Director & CEO

Schaeffler India appoints Shibi Mathew as Head of Human Resources and CSR

Schaeffler India, a motion technology company, has appointed Shibi Mathew as Head of Human Resources and Corporate Social Responsibility (CSR), effective November 4, 2024.  Mathew brings over 22 years of experience in strategic and operational HR to the company, along with a strong track record in pivotal leadership roles. Her expertise in building high-performing teams,… Continue reading Schaeffler India appoints Shibi Mathew as Head of Human Resources and CSR

Suzuki Motorcycle India concludes Suzuki Matsuri in Mumbai

Suzuki Motorcycle India Pvt Ltd (SMIPL), the two-wheeler arm of Suzuki Motor Corporation, successfully concluded the third edition of its flagship motorcycling festival, Suzuki Matsuri. Held at Richardson & Cruddas, Mulund West, Mumbai, the event saw over 4,600 participants from diverse backgrounds coming together for a day of activities, entertainment, and community bonding. Devashish Handa,… Continue reading Suzuki Motorcycle India concludes Suzuki Matsuri in Mumbai

Outgoing VW UK boss calls for ‘complete coherence’ in EV policy

Outgoing Volkswagen Group UK boss Alex Smith has said there must be “complete coherence” in all government policies to speed up the shift to EVs and that this is essential for car makers, “given the product investments already made”.  Smith left the German company at the end of November and has been replaced by Damien O’Sullivan, who most… Continue reading Outgoing VW UK boss calls for ‘complete coherence’ in EV policy

New Jaguar Type 00 concept revealed as British brand pushes towards a luxury EV future

The two-seat coupé concept revealed in Florida won’t itself make production, but according to Jaguar it shares clear design cues with the four-seat GT production car, including its long bonnet and bluff front end.  “Type 00 is a clear illustration of what you can expect; its exuberant properties will be shared with all future Jaguars,”… Continue reading New Jaguar Type 00 concept revealed as British brand pushes towards a luxury EV future

SFIO raids Hero Electric, Benling, Okinawa for FAME subsidy misappropriation

The Serious Fraud Investigation Office (SFIO), under the Ministry of Corporate Affairs, has conducted search operations at electric vehicle makers Hero Electric, Benling India and Okinawa Autotech’s as part of the ongoing investigation over alleged FAME II scheme fund misappropriation case. The cases arise from alleged fraudulent availing of subsidies amounting to Rs 297 crores… Continue reading SFIO raids Hero Electric, Benling, Okinawa for FAME subsidy misappropriation

Valeo and ROHM Semiconductor to co-develop next-gen power electronics

Automotive technology company Valeo and ROHM Semiconductor, a major semiconductor and electronic component manufacturer, plan to collaborate and optimize the next generation of power modules for electric motor inverters using their combined expertise in power electronics management. As a first step, ROHM will provide its 2-in-1 Silicon Carbide (SiC) moulded module TRCDRIVE pack to Valeo… Continue reading Valeo and ROHM Semiconductor to co-develop next-gen power electronics

Valeo and ROHM Semiconductor to co-develop next-gen power electronics

Automotive technology company Valeo and ROHM Semiconductor, a major semiconductor and electronic component manufacturer, plan to collaborate and optimize the next generation of power modules for electric motor inverters using their combined expertise in power electronics management. As a first step, ROHM will provide its 2-in-1 Silicon Carbide (SiC) moulded module TRCDRIVE pack to Valeo… Continue reading Valeo and ROHM Semiconductor to co-develop next-gen power electronics

Recycled plastic bottles increase share of sustainable materials in Continental car tyres

Continental is increasing the proportion of recycled materials in its tyres. More plants have recently been converted to use polyester fabric made from recycled polyethylene terephthalate (PET) bottles. This increases the recycled content of many tyre lines by an average of three percent. Depending on the tyre size, up to 15 PET bottles are used… Continue reading Recycled plastic bottles increase share of sustainable materials in Continental car tyres

Aramco acquires 10% equity in Horse Powertrain

Aramco, one of the world’s leading integrated energy and chemicals companies, through a wholly owned subsidiary, Aramco Asia Singapore, has completed the purchase of a 10% equity stake in Horse Powertrain, a global leader in hybrid and internal combustion powertrain solutions. The transaction builds on Aramco’s efforts to develop new mobility solutions with the potential… Continue reading Aramco acquires 10% equity in Horse Powertrain